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The Discover® Student Card -
Monogram Collection, issued by
Discover, provides a Cashback
Bonus® reward program as
well as a personalized card
design that displays the
cardholder's initial(s).
Through the reward program,
students can earn a 5% rebate
for purchases made in popular
categories that change four
times a year like travel, gas,
restaurants, movies, and more.
In addition, cardholders earn up
to 1% for general purchases.
Those who spend up to $1,500 on
general purchases will receive a
.25% rebate, between $1,500 and
$3,000 will receive a .5%
rebate, and over $3,000 will
receive a 1% rebate.*
Cardholders also earn a 0.25%
rebate at select warehouse clubs
and discount stores, and they
can earn a double Cashback
Bonus® for redeeming their
rebates for gift certificates
from participating Discover Card
Partners. There is no yearly
limit on the amount of rebates
that can be earned, and rebates
do not expire as long as the
account is active within a
36-month period.
Aside from the reward program,
the unique feature of this card
is that cardholders can choose
from three card designs that
will display either their first
initial or their first and last
initials on the front of the
card.
The card also provides standard
benefits, including online
account management, no liability
for unauthorized transactions,
and discounts on products and
services at participating
merchants and retailers.
The APR for this card is
reasonable and there is no
annual fee and 0% interest on
purchases for six months.
Therefore, those who plan to
spend over $3,000 a year (to
earn the 1% cash rebate), plan
to use their Cashback Bonus®
award at participating retailers
(to earn a full 5% rebate and
double cash rebates), and plan
to pay in full each month (to
avoid costly finance charges)
will benefit most from what the
Discover® Student Card -
Monogram Collection has to
offer.
*It is important to note that
like many cash reward cards, the
highest rebate offered will not
apply to all purchases made with
the credit card. In this case,
1% will be applied only to those
purchases made after the
cardholder spends over $3,000 in
one year, so the overall cash
rebate earned will be less than
1%, depending on the amount
spent. For instance, if the
cardholder were to spend $4,000,
only $1,000 of this amount would
be applied towards the 1%
rebate. However, this does not
take into account any
promotional offers or the full
5% Cashback Bonus® award.
- More Ways to Earn More
Cash than Anyone Else(SM)*
- Unlimited Cash Rewards,
Automatically
- Up to 20% Cashback
Bonus® When You Shop
Online*
- Double Rewards with More
than 100 Cashback Bonus®
Partners*
- Customer Service in Less
than a Minute, Anytime You
Want
- *View Discover® Card
Rates, Fees, Rewards, and
Other Important Information
Apply Now!
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